Investors are eyeing Axie Infinity lands as SkyMavis works on implementing land gameplay into the blockchain game. Despite the down market, Axie Infinity land NFTs are one of the main sources of remarkable NFT sales in the past 7 days.
Axie Infinity Land NFTs Boosts NFT Sales The Past Week
Sky Mavis and Axie have faced some difficulties lately. In the past month, the value of the SLP token in the game plummeted to less than a cent. Furthermore, its users also dropped to less than 1 million in contrast to its 2.7 million daily active users last year. Additionally, who can forget the dreadful $600m hack that happened to them.
However, these events and the situation of the NFT market haven’t affected the demand for Axie Land NFTs. In fact, investors see the metaverse lands as an investment. It could be due to the land staking rewards that the blockchain introduced lately.
In the past week, Axie infinity land NFTs were a hit for NFT collectors. Two were sold for more than 130 ETH. One was sold for 136 ETH ($270, 390) and the other was for 160 ETH ($289, 910). Also, among the highest sold NFTs in the past seven days are Bored Apes, a Moonbird, a Sandbox land plot, some CryptoPunks, and an Azuki NFT.
With Sky Mavis continuously adding something new to its ecosystem, we’ll be looking forward to the other things the team behind Axie Infinity will bring to their community.